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20121202
20121210
Search Results 0 to 7 of about 8 (some duplicates have been removed)
was pleased to receive her endorsement. >> greta: when you became governor, you inherented a in--d a deficit. do you remember what it was? >> yes. the day before the election, the general election, it was $250 million. >> greta: million? >> uh-huh. keep in mind, the state budget is only 5.6 billion, so the day before the general election we were having it reported as $250 million. the day after the election it came $450 million. >> greta: what happened in those 24 or 48 hours? >> certainly the administration that was in place was not being truthful with the public, and so the day after i certainly was informed that the deficit was much bigger. >> greta: how does that happen? weren't the figures public? i mean, i assume that people were following and reporting on governor richardson as a steward of the economy here. >> no. that was not what was happening. when was coming out -- what was coming out of the governor's office were figures that were not being honest with the people. >> greta: you must have just about fallen over when you saw the number jump in a period of 24 or 48 hours. >> absolu
of this is smoke and mirrors. all of this deficit reduction stuff, there isn't any. there aren't any spending cuts. >> greta: while democrats and republicans fight it out, the nation is waiting and waiting and waiting and suffering as they wait. former new york city mayor rudy guiliani joins us. good evening, mayor. >> how will this unravel? >> if you take them at their word, it sounds like the president is anxious to go over the fiscal cliff, and he leaves very little room for republicans to negotiate with him with a 1.7 trillion dollar tax increase, 50 billion more in stimulus spending, and absolutely no expenditure reductions that are going to take place right now. i mean, from the point of view of republicans, you're going to get more spending decreases if you go over the fiscal cliff than if you deal with president obama. >> greta: well, it appears to many in the city that it's politico check mate for the president. if we go over the fiscal cliff, what it means is the taxes will go up on the wealthy, the big earners. it also goes up on the middle class. i assume the middle class will look to
, so the only way we get out of this situation, the only way we reduce our debt and deficit is through economic growth. we have to encourage individuals to raise capital. we have to encourage businesses to expand and create jobs. create new taxpayers. that's how you get new revenue. president obama wants to punish success. that's very sad. >> greta: you say that president obama wants to punish success. i'm curious to what extent you think those two percent people will in a commensurate way will reduce their charitable giving so they won't feel any sort of the pinch of the tax increase, but it will be charitable organizations. >> what's happening right now, businesses are speeding up dividends in anticipation of increased taxes. people are also speeding up charitable giving here at the end of the year. listen. americans. >> greta: next year. >> we're a generous society. >> that could be a problem. most people donate do it because they have a depth of feeling, they do it from a charitable heart. that's not going to curtail that much based on what happens to the tax code. >> greta: someon
Search Results 0 to 7 of about 8 (some duplicates have been removed)

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